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- NORTH DAKOTA HOUSING INCENTIVE FUND CAPITALIZED
BISMARCK - January 03, 2012 - (RealEstateRama) -- The Industrial Commission of North Dakota has reported that more than 600 private investors have successfully capitalized the $15 million state Housing Incentive Fund (HIF).
- Lawyers? Committee Files Suit on Behalf of Distressed Homeowners who Lost Thousands to Alleged Loan Modification Scam
New York, NY - December 21, 2012 - (RealEstateRama) -- The Lawyers' Committee for Civil Rights Under Law (Lawyers' Committee) and pro bono counsel McDermott Will & Emery LLP (McDermott) filed a lawsuit, Culliver et al. v. Alarcon Law Group, P.C. et al., in Kings County, New York on behalf of 17 homeowners from New York and nine other states against a network of for-profit loan modification companies. The suit alleges that defendants, led by New York attorney Rory M. Alarcon, defrauded vulnerable homeowners out of tens of thousands of dollars by falsely promising?for substantial upfront fees and also monthly membership fees?to obtain much-needed mortgage modifications on their behalf, but consistently failing to deliver results.
- New York Fed Study Examines Manhattan Housing Market
New York, NY - December 18, 2012 - (RealEstateRama) -- While New York City rents have rebounded in the past couple of years, renting still appears to offer a better financial value than buying in the Manhattan housing market, according to a recent stud...
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